Disney Buys Pee-Wee Facebook Togetherville

Disney has acquired a social network for kids by the name of Togetherville, TechCrunch is reporting. Targeting children 10 years old and younger, Togetherville is essentially Facebook in an age-appropriate, parent-monitored environment. According to TechCrunch, the site "promises a safer, more secure environment, where parents can moderate who their children are connecting with."

As such, parents can approve each of their child's friends, as well as connect with other parents using Facebook's social graph. What's more, parents can easily interact with their kids, who are then allowed to have their own social community and login to engage with friends, play games, watch videos, and create art.

Kids can also create "neighborhoods" from Facebook friends, and can connect through school communities, which let parents and kids connect with school friends without requiring the parents to be connected through Facebook. Financial terms of the deal were not disclosed.